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Re: 'Red warning lights' flashing for global economy

Gas prices are falling because the Saudi's are trying to drive their competitors out of bussiness.

Lowering their prices on their product to make exploration unprofitable.

Their competitors of-course would be the US fracking industry

If they can get it down to around 60 bucks a barrel for a extended amount of time they might just succeed.

As for Global economic data that shows things are " improving " ? I don't trust it one bit.

Especially ANYTHING out of the US Government.

If we're in the midst of such a great economic recovery then why are interest rates still down next to nothing ?

The Saudi price followed Kerry's visit to Saudi Arabia when he got them to lower the price to create BIG pressure on the Russian economy because the Russians aren't kissing butt like Obama and the Neocons think he should. Russia is a threat to their economic smoke and mirrors fiat printing presses. Also, some Nations, particularly Japan are trying to devalue their currencies to help their export businesses. It's known as "beggaring thy neighbor," and usually starts a chain reaction involving many Nations. The large size of the fiat money banks (USA, UK, ECB, Japan) has given those Nations 60% of total world assets and with the USA having reserve currency status, even allowing it does not have reserves to cover its' debts, but does allow the USA to create currency like blank checks and the World accepts this. The current alliances developing between BRICS, new Banks, especially China and Asian nations bodes a sea change in money SOON. The USA is able to print money endlessly and spend it as if it is backed by something because the USA controls the UK, ECB, and Japan with debt. China and Saudi Arabia are semi-trapped because they have so much of their surplus reserves in US Treasuries. All the trapped Nations work together to make sure their investments in US Treasuries don't tank. Commodities are manipulated, currencies are manipulated, banks and Nations are manipulated and that is what has come of "Too big to fail" banking practices. One great big cluster****, don't ya' know?

Re: 'Red warning lights' flashing for global economy

Originally Posted by DaveFagan

The Saudi price followed Kerry's visit to Saudi Arabia when he got them to lower the price to create BIG pressure on the Russian economy because the Russians aren't kissing butt like Obama and the Neocons think he should. Russia is a threat to their economic smoke and mirrors fiat printing presses. Also, some Nations, particularly Japan are trying to devalue their currencies to help their export businesses. It's known as "beggaring thy neighbor," and usually starts a chain reaction involving many Nations. The large size of the fiat money banks (USA, UK, ECB, Japan) has given those Nations 60% of total world assets and with the USA having reserve currency status, even allowing it does not have reserves to cover its' debts, but does allow the USA to create currency like blank checks and the World accepts this. The current alliances developing between BRICS, new Banks, especially China and Asian nations bodes a sea change in money SOON. The USA is able to print money endlessly and spend it as if it is backed by something because the USA controls the UK, ECB, and Japan with debt. China and Saudi Arabia are semi-trapped because they have so much of their surplus reserves in US Treasuries. All the trapped Nations work together to make sure their investments in US Treasuries don't tank. Commodities are manipulated, currencies are manipulated, banks and Nations are manipulated and that is what has come of "Too big to fail" banking practices. One great big cluster****, don't ya' know?

Its all just a Global iniative of kick the proverbial can down the road.